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Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales

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Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income claimjumper $108,000 39,880 $ 68,120 Makeover $ 54,000 8,720 $ 45,280 Total $ 162,000 48,600 113,400 80,430 $ 32,970 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall break-even point in dollar sales? 3. Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio 70 % Complete this question by entering your answers in the tabs below. ances Required 1 Required 2 Required 3 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculations.) Overall break-even point $ 115,200 Required 1 Required 2 Required 3 Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. (Do not round Intermediate calculations. Round your answers to the nearest dollar amount.) Engberg Company Contribution Income Statement Claimjumper Makeover Sales $ 76,800 $ 38,400 $ Variable expenses 28,359 6,201 Contribution margin $ 48,441 $ 32,199 Fixed expenses Net operating income (oss) $ Total 115,200 34,560 80,640 81,480 31,920 (Required 2 Required 3

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